Starburst shares soar up to 13.4% on partnership deal

Singapore

AFTER a two-day trading halt pending an announcement, shares of Catalist-listed Starburst Holdings shot up on Wednesday on overnight news of its partnership with Swiss Securitas Group to provide homeland security services and security engineering solutions.

The stock hit an intra-day high of S$0.38, up 4.5 cents or 13.4 per cent, before closing two cents or about 6 per cent higher at S$0.355. Some 17.4 million shares changed hands making it one of the most actively traded.